Food prices around the world remain high even with falling global prices of agricultural products. Core inflation, energy costs, processing, transportation, and labor costs, along with mergers in the food industry and a strong dollar, are factors that are creating high food prices.
A restaurant on the outskirts of Nairobi skimps on the size of its chapatis a flaky, chewy Kenyan flatbread to save on cooking oil. Cash-strapped Pakistanis reluctantly go vegetarian, dropping beef and chicken from their diets because they can no longer afford meat. In Hungary, a cafe pulls burgers and fries off the…
Around the world, food prices are persistently, painfully high. Puzzlingly, too. On global markets, the price of grains, vegetable oil, dairy and other agricultural commodities has fallen steadily for months.
Food Prices Fall on World Markets But Not on Kitchen Tables southeastasiapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from southeastasiapost.com Daily Mail and Mail on Sunday newspapers.